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Question On 1981-1999 Canadian Silver Dollars For Metal Only

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peanut905's Avatar
Canada
53 Posts
 Posted 12/10/2012  7:26 pm Show Profile   Bookmark this topic Add peanut905 to your friends list Get a Link to this Message Number of Subscribers
does anyone know the silver percentage and weight of these coins in oz. I've been offered several of them for $12.00 ea. I am not getting anywhere with google. Getting mixed info.

Thanks
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Canada
1723 Posts
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 12/10/2012  10:00 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
Canadian Silver Dollars did not contain any silver in 1981. The last year that they were issued for circulation with silver was 1967. After that, the only time they were made with silver were in proof sets. Instead, they substituted it with nickel. $12 each, is a pretty high price!
Valued Member
peanut905's Avatar
Canada
53 Posts
 Posted 12/10/2012  10:27 pm  Show Profile   Bookmark this reply Add peanut905 to your friends list Get a Link to this Reply
I should have been more specific. I found out they are 1982 Silver Dollar commemorates Regina. I think these have silver but not sure if its .375oz or less.
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Canada
1723 Posts
 Posted 12/10/2012  11:06 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
You see your coin on this list?

http://www.currencydebasement.com/high-silver
Valued Member
peanut905's Avatar
Canada
53 Posts
 Posted 12/10/2012  11:11 pm  Show Profile   Bookmark this reply Add peanut905 to your friends list Get a Link to this Reply
Thanks for that Samsnate, I think it falls under this. It looks like spot for this coin. The guy has no COA or box, just the mint sleeve, not even sure what that means yet.

1 Dollar (Various - Nickel versions exist) 1971-1991 0.500 0.3750 ♦ $12.40500
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Canada
1723 Posts
 Posted 12/10/2012  11:15 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
Bring a mag with ya then or google to see if you can find a differance in size between the silver ones and the Nickel...a few times I've had commems....there was a 2mm differeance. At least under spot. If they are silver, and you are interested, offer him 10.

On another note Peanut.....having a problem with KITC right now. If you contact that guy and he is willing to sell at a good price....grab one for me. $40 or less ple ASE
Valued Member
peanut905's Avatar
Canada
53 Posts
 Posted 12/10/2012  11:33 pm  Show Profile   Bookmark this reply Add peanut905 to your friends list Get a Link to this Reply
i will try your tip. I was against junk coins but you made some good points in kitco. Looking into anything under spot now.

Yes, I will grab you one of those if he is willing to sell.

passed 50 post! Congrats to me
Edited by peanut905
12/10/2012 11:35 pm
Pillar of the Community
Canada
1723 Posts
 Posted 12/10/2012  11:45 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
Way to go Bro!
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1967Canadapenny's Avatar
United States
965 Posts
 Posted 12/11/2012  2:42 pm  Show Profile   Bookmark this reply Add 1967Canadapenny to your friends list Get a Link to this Reply
Hi

Canada has issued a commemorative silver dollar every year since 1971,(all of these coins are 36mm in diameter), if your coin is 32mm in diameter, it is a common nickel dollar which contains no silver, however they are very fun to collect. from 1971-1991 they were 50% silver (0.375oz of silver) and from 1992-2002 they were 92.5% silver, (0.75oz of silver) and from 2003-2006 they were 99.9% silver (0.81oz of silver), and from 2007 to the present they have been 92.5% again with occasional additional issues in 99.9%. I often buy the 50% pure variety for under spot, they are great designs and have close to no premium over silver price.
hope it helps
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